Market Research Report Store Industrial Ethernet Market expected to be valued a | Page 4
5.3.1.1 Hardware 35
5.3.2 BY PROTOCOL 36
5.3.3 BY END-USER INDUSTRY 36
5.3.4 BY GEOGRAPHY 37
5.4 MARKET DYNAMICS 38
5.4.1 MARKET DRIVERS 38
5.4.1.1 Interoperability of industrial automation and control devices have improved network flexibility
38
5.4.1.2 Growing adoption of IIoT 39
5.4.1.3 High adoption of advanced industrial Ethernet protocols in smart factories 40
5.4.2 RESTRAINTS 40
5.4.2.1 Difficulty in transferring old systems to a new protocol 40
5.4.2.2 Need for high network security 41
5.4.2.3 Rigid standardization of protocols to be followed 41
5.4.3 OPPORTUNITIES 42
5.4.3.1 High deployment of industrial Ethernet in the APAC region 42
5.4.3.2 Growing adoption of Industrial Revolution 4.0 42
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